2G scam: CBI asked, we answered, says Reliance Communications

12 Feb 2011

The Anil Ambani-headed Reliance Group (formerly Reliance ADAG) said today that a few of its officials have been examined by the Central Bureau of Investigation in a probe into irregularities in the allocation of 2G mobile phone licenses and bandwidth.

Anil AmbaniThe Reliance Group is "fully cooperating with the authorities in this regard," it said in an email to the media late on Friday.

It is the latest development in a deepening probe by the CBI into the government's 2008 sale of second-generation mobile phone licenses and bandwidth at far below market value, which it believes could have cost the government many crores of rupees in potential revenue.

The Comptroller & Auditor General has put the figure at Ra1.76 lakh crore, but the CBI's figures seem to be somewhat lower.

The agency is investigating companies alleged to have benefited from the manipulation of bandwidth allotments, after arresting the then telecom minister A Raja and two of his former aides earlier this month.

CBI officials couldn't be reached for immediate comment.